With the market environment recovering Adhesives Technologies performed exceptionally well in 2010, achieving a double-digit growth rate of 17.4 percent with sales of $9.7 billion. The sector serves a wide range of customers from large, international corporations to small and medium-sized industrial businesses, craftsmen, DIYers and private home consumers.
In the mature markets of Western Europe and North America, Henkel generated growth in the high single-digit percentage range. In high growth markets expansion overall posted in the double-digit percentage range. Henkel achieved its highest growth rates in the Asia Pacific region.
In 2010 the worldwide integration of the National Starch businesses Adhesives and Electronic Materials acquired in 2008 was completed.
On the R&D front, each year Henkel selects a number of developments for its Fritz Henkel Award for Innovation. In 2010, Loctite HF was one of the products recognized. These halogen-free structural adhesives are used by manufacturers of portable electronic devices and create particularly strong, fast-curing and resistant bonds between a variety of materials.
Highlighting its achievements in sustainability in 2010, Wal-Mart honored Henkel with the Wal-Mart Sustainability Award for the second year in a row, identifying Henkel as the supplier that, seen globally, has made the most significant contribution to sustainability.
Henkel received a 2010 Automotive News PACE Award for its new Aquence Co-Cure coating process. The prestigious award recognizes automotive suppliers for superior innovation, technological advancement and business performance.
The Aquence Co-Cure process was recognized in the Manufacturing Process category. This process layers the Aquence autodeposition coatings with a powder or liquid topcoat, and or adhesive and "co-cures" them together in a single oven.
In addition, the environmentally responsible process simplifies conventional metal pretreatment by reducing it to a two-step coating process, therefore reducing the production footprint by up to 40 percent. The Aquence Co-Cure process results in energy and cost savings, process efficiency, and reduces environmental impact since it contains no heavy metals or sludge.
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